FMC Corporation adjusts US pricing model, revises Q3 financial outlook
What happened
FMC Corporation updated its expectations for the third quarter of 2026, projecting revenue between $65 million and $125 million and Adjusted EBITDA between negative $565 million and negative $510 million. These revised estimates include charges of $625 million to $675 million related to commercial actions designed to lower the price of select products held by channel customers in key US markets.
From prnewswire.com
Why it matters
The company determined that comprehensive pricing actions were necessary due to weaker third-quarter demand. This demand weakness was attributed to challenging market conditions and elevated inventory levels of higher-priced FMC products held by channel customers, which limited product movement and replenishment demand.
From prnewswire.com
Who's involved
- FMC CorporationAmerican chemical manufacturing company modifying its US pricing and selling strategy
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The entities involved
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FMC Corporation
American chemical manufacturing company